Michael Moore Plans 'Fahrenheit 9/11' Follow-up

The companies will co-finance the project, with Overture getting domestic distribution and Paramount Vantage taking the film around the world.

"We are thrilled to be working with Michael again," say Chris McGurk and Danny Rosett, CEO and COO of Overture. "His fearless filmmaking has become an important catalyst for challenging mainstream thoughts and values regarding the important critical issues facing this country and the world. Everyone on the Overture team is delighted to be involved with Michael's exciting new film."

Paramount Vantage President Nick Meyer adds, "Michael is one of the most inspiring, innovative and thought-provoking filmmakers of our generation. With his unquestionable mark on our culture and politics, Moore is renowned and iconic within the international marketplace and we could not be more enthusiastic about this partnership."

While the industry trade papers are treating the new Moore film as a direct sequel to "Fahrenheit 9/11," which shattered all documentary box office records with its $119 million domestic take, the official press release says that the specifics of the film are being kept under wraps.

Moore's most recent film, 2007's health care doc "Sicko," failed to strike the same chord as "Fahrenheit," but its $24.5 million gross still has it placed as the third highest grossing documentary ever. Moore's "Bowling for Columbine" gives the director a third film on the list of the Top Five highest grossing docs.

Paramount Vantage will be launching the new unmade film into the international marketplace at this week's Cannes Film Festival.